Toray Industries - Tokyo - 1 Hr sell trade

Apr 20, 2020

Torey industries, Tokyo - 1 Hr sell trade will be about to trigger, as the stocks is in downtrend and underpeformer than tokyo index JP225.
Check the count as i am thinking of going to short within 1-3 days after confirmation in smaller time frame. Will see what happened next.

Jun 6, 2020

Trade closed: stop reached

The structure turned out to be a ABC rather than throught of impulse.

What I learn:
1). Always have a bigger time frame clear count before any trading.
2). Market direction is more important in trading.